Tag Archives: inventory

The current national bout of low inventory represents an “unprecedented non-recessionary inventory collapse” for the last 20 years, a new report by JPMorgan found. “While non-manufacturing activity is now tracking a strong and steady recovery, the goods-producing sector has been buffeted by supply constraints alongside continued boomy gains in final demand,” the report noted. “The result has been a slump in inventories that, over the past two decades at least, looks to be unprecedented… Source link

Confections in Lufkin, Texas announced on Thursday that it would be selling rainbow cookies for Pride Month. The bakery, located in East Texas, soon faced backlash for its decision. Confections took to Facebook to reveal that many of its customers had sent hateful messages and canceled orders and claimed its “likes” were also plummeting. “Today has been hard. Really hard,” a Facebook post from June 3 read. “We lost a significant amount of followers because of a rainbow heart cookie we posted…. Source link